Media headlines about GATX (NYSE:GATX) have trended somewhat positive on Sunday, according to Accern. The research firm ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. GATX earned a news impact score of 0.18 on Accern’s scale. Accern also assigned press coverage about the transportation company an impact score of 45.5122422339312 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of GATX (NYSE:GATX) opened at $66.48 on Friday. The firm has a market cap of $2,491.80, a P/E ratio of 13.82, a P/E/G ratio of 1.01 and a beta of 1.21. GATX has a 1-year low of $55.44 and a 1-year high of $66.89. The company has a current ratio of 3.13, a quick ratio of 3.13 and a debt-to-equity ratio of 2.92.
GATX (NYSE:GATX) last issued its earnings results on Thursday, October 19th. The transportation company reported $1.25 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.99 by $0.26. The firm had revenue of $259.60 million during the quarter, compared to analysts’ expectations of $350.04 million. GATX had a net margin of 13.76% and a return on equity of 14.51%. The firm’s revenue for the quarter was down 28.5% compared to the same quarter last year. During the same period last year, the firm posted $1.50 earnings per share. equities research analysts predict that GATX will post 4.72 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Sunday, December 31st. Investors of record on Friday, December 15th were issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date of this dividend was Thursday, December 14th. GATX’s payout ratio is 34.93%.
Several research firms have recently issued reports on GATX. Stifel Nicolaus reiterated a “hold” rating and issued a $56.00 price objective on shares of GATX in a report on Tuesday, October 17th. Seaport Global Securities began coverage on shares of GATX in a report on Thursday, January 4th. They issued a “neutral” rating for the company. Zacks Investment Research upgraded shares of GATX from a “hold” rating to a “buy” rating and set a $69.00 price objective for the company in a report on Wednesday, December 27th. BidaskClub upgraded shares of GATX from a “hold” rating to a “buy” rating in a report on Tuesday, October 17th. Finally, Buckingham Research decreased their price objective on shares of GATX from $64.00 to $61.00 and set a “neutral” rating for the company in a report on Friday, October 20th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. GATX currently has an average rating of “Hold” and an average target price of $57.83.
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GATX Company Profile
GATX Corporation is a global railcar lessor, owning fleets in North America, Europe, and Asia. In addition, the Company operates fleet of the United States-flagged vessels on the Great Lakes and jointly with Rolls-Royce plc, it owns aircraft spare engine lease portfolios in the world. It operates through four business segments: Rail North America, Rail International, American Steamship Company (ASC), and Portfolio Management.
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